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The U.S. Gross Domestic Product (GDP)
 
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To understand American business history, follow the trends. See how America was settled over time, how people moved from farms to cities, how gross national product grew, how stocks went up and down, and how income was distributed. One thing is certain: in business, things constantly change. This video is featured in the "Constant Change" section of the American Enterprise exhibition at the Smithsonian's National Museum of American History. Section link: americanhistory.si.edu/american-enterprise-exhibition/videos/constant-change Exhibition link: americanhistory.si.edu/american-enterprise
What is Gross Domestic Product (GDP)?
 
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Picture the economy as a giant supermarket, with billions of goods and services inside. At the checkout line, you watch as the cashier rings up the price for each finished good or service sold. What have you just observed? The cashier is computing a very important number: gross domestic product, or GDP. GDP is the market value of all finished goods and services, produced within a country in a year. But, what does "market value" mean? And what defines a "finished good"? These, and more questions, percolate inside your head. Meanwhile, the cashier starts ringing up the total, and you’re left confused. An array of things pass by you — A bottle of wine. A carton of eggs. A cake from the local bakers. A tractor, of all things. A bunch of ballpens. A bag of flour. In this video, join us as we show you how to make sense of this important economic indicator. You’ll learn how GDP is computed, and you’ll get answers to some pretty interesting questions along the way. Questions like, “Why are the eggs in my homemade omelet part of the GDP, but the eggs my baker uses are not? Why does my bottle of French wine contribute to France’s GDP, even if I bought it in the United States?” Most importantly, you’ll also learn why polar bears aren’t part of the GDP computation, even if they’re incredibly cute. So, buckle in for a bit—in the following videos we’ll dive into specifics on GDP. Macroeconomics Course: http://bit.ly/1R1PL5x Ask a question about the video: http://bit.ly/1p4ZtxL Next video: http://bit.ly/1mY2bn0 Help us caption & translate this video! http://amara.org/v/HZv3/
Top 20 Country GDP (PPP) Ranking History (1980-2023)
 
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This video shows the Top 20 countries with highest GDP PPP from 1980 to 2023. The ranking includes superpowers, such as United States, China, Japan, India, and Germany. It also compares the total GDP (PPP) of different continents from the Top 20 countries, mostly North America, Europe, and Asia. Purchasing power parity (PPP) is a neoclassical economic theory that states that the exchange rate between two countries is equal to the ratio of the currencies' respective purchasing power. Support Us on Patreon: https://www.patreon.com/wawamustats Facebook: https://www.facebook.com/wawamustats Instagram: https://www.instagram.com/wawamustats Twitter: https://twitter.com/statswawamu Music: Home by Whitesand https://www.youtube.com/watch?v=3r8gL1vWGx0 Subscribe here: https://www.youtube.com/wawamustats?sub_confirmation=1
Views: 1620413 WawamuStats
The Composition of Gross Domestic Product
 
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Measuring gross domestic product (GDP) gives us an idea of the total production of an economy over a particular period. GDP is made up of the total market value of all final goods and services produced in an economy (but that doesn’t include government transfers). The formula to remember is Y = C + I + G + X. • For more information, visit: https://www.policyed.org/econ1/composition-gross-domestic-product/video. • To view the other videos in the Econ 1 series, visit: http://bit.ly/2DARrrk • To view all of the online classwork to Econ 1: Principles of Economics, visit: http://stanford.io/2Gcqlp2 • To read John Cochrane’s blog post on “Consumption vs. GDP,” click here: http://bit.ly/2shMXRQ • Read John Taylor’s blog post on “The GDP Impact a U.S. Fiscal Consolidation Strategy,” available here: http://bit.ly/2shND9P • Read John Taylor’s blog post on “MacroMania on Nominal GDP Targeting and the Taylor Rule,” available here: http://bit.ly/2GYzEci
Views: 386405 PolicyEd
Gross domestic product (GDP) Comparison
 
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Comparison of money by countries in US dollars. Not all countries, only some. Source: https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP) ---My websites----- -Blog: http://alvarograciamontoya.blogspot.com.es/2017/01/producto-interno-bruto-pib-comparacion.html -Facebook: https://www.facebook.com/metaballstudios/
Views: 1054471 MetaBallStudios
10 Things You'll Never Buy Once You Know What They're Made Of!
 
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top 10 everyday things you'll probably skip from buying after knowing how it's made Subscribe to our channel: http://goo.gl/9CwQhg For copyright matters please contact us at: [email protected] We live in an amazing world. You can travel pretty much anywhere you want. You can watch anything you want on TV. You can find information on nearly anything thanks to the internet. Then there’s the food and consumer goods we buy daily. In this day and age, restaurants, stores and supermarkets have combined to offer us an incredible range of products that were only a dream several decades ago. It’s probably a good thing too, considering how much our consumer culture buys. In all seriousness, as we walk through the shopping wonderland most of us don’t even give a second thought to what goes into making the various products we buy. Some of it can be pretty interesting. A lot of it, however, can just get downright disturbing and gross. Ahead there are 10 products many of us buy, use or eat on a daily basis. Unfortunately, there are some rather things that can go into making these products. In fact, some of you may be a bit hesitant to buy them the next time you’re at the store. There’s everyone’s favorite meat treat, the hotdog. From there we’ll discuss foods that use red and yellow food. So, if you like cherry ice cream or Kraft Dinner be ready to second guess your life choices. Even the plain old potato chip can have some nasty stuff hidden in it that may have you skipping the chip aisle. Processed breads and fast food desserts? Sure, we know these aren’t good for you but there’s actually something that goes into them which just doesn’t seem right. You’ll also notice that ground beef and gummy bears share a bit more in common than you’d ever want them to. You can wash that all down with a Red Bull while wearing your Canada Goose jacket. Yup, those also have a backstory that may just have you wondering if you should buy them. We’ll end it all off with castoreum, a product that’s in a lot of stuff you eat but you likely never knew what it was. Dinner’s served! Our Social Media: Facebook: https://www.facebook.com/TheRichest.org Twitter: https://twitter.com/TheRichest_Com Instagram: http://instagram.com/therichest For more videos and articles visit: http://www.therichest.com/
Views: 10878425 TheRichest
U.S. Q2 Gross Domestic Product Is Abysmal | Ed Butowsky
 
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http://bit.ly/R6o12m Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox Business' Varney & Company to discuss the abysmal report of the US Gross Domestic Product for the second quarter of 2012.
Views: 34 Ed Butowsky
Big disappointment in the US Gross Domestic Product - Yohay Elam
 
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Forex Crunch’s Chief Editor Yohay Elam comments that the US Q2 GDP was a big disappointment that send the dollar down. Watch the full webinar: https://www.youtube.com/watch?v=iuEDWnM4u3k
Views: 96 FXStreet
U.S. Metro Economies Report: Gross Metropolitan Product, June 2008 (PowerPoint presentation)
 
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PowerPoint slideshow that accompanied the presentation of the June 2008 U.S. Metro Economies Report: Gross Metropolitan Product with Housing Update at the 76th Annual Meeting of The United States Conference of Mayors (USCM) in Miami, 21 June 2008. The report was presented by Douglas A. Palmer, then mayor of Trenton, New Jersey, and USCM’s president. Slide 5 in the original presentation, which is a duplicate of slide 3, has been removed in this version. For the complete report and the entire Metro Economies series, visit http://usmayors.org/metroeconomies For the charts I prepared that accompanied the report and this presentation, visit http://www.scribd.com/doc/230235827 The United States Conference of Mayors 76th Annual Meeting Miami 21 June 2008
Views: 23 Dustin Joyce
Trade the US Gross Domestic Product - GDP Live Coverage
 
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The United States will publish the last review of the Gross Domestic Product for the last quarter of 2015. The US Q4 GDP release will be a key event that will provide market with clues on how the US economy is performing. Join Yohay Elam from Forex Crunch, and Valeria Bednarik, Dale Pinkert and Mauricio Carrillo from FXStreet. Come daily to http://www.fxstreet.com/webinars/live-analysis/ Live Video and chat with experts and traders.
Views: 411 FXStreet
What is Gross world product?, Explain Gross world product, Define Gross world product
 
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~~~ Gross world product ~~~ Title: What is Gross world product?, Explain Gross world product, Define Gross world product Created on: 2018-07-16 Source Link: https://en.wikipedia.org/wiki/Gross_world_product ------ Description: The gross world product is the combined gross national product of all the countries in the world. Because imports and exports balance exactly when considering the whole world, this also equals the total global gross domestic product . According to the World Bank, the 2013 nominal GWP was approximately US.59 trillion. In 2014, according to the CIA's World Factbook, the GWP was around US.28 trillion in nominal terms and totalled approximately US.5 trillion in terms of purchasing power parity . The per capita PPP GWP in 2017 was approximately US,300 according to the World Factbook. ------ To see your favorite topic here, fill out this request form: https://docs.google.com/forms/d/e/1FAIpQLScU0dLbeWsc01IC0AaO8sgaSgxMFtvBL31c_pjnwEZUiq99Fw/viewform ------ Source: Wikipedia.org articles, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Support: Donations can be made from https://wikimediafoundation.org/wiki/Ways_to_Give to support Wikimedia Foundation and knowledge sharing.
Views: 105 Audioversity
The easiest way to understand the Gross Domestic Product - US economic indicators explained indepth
 
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The Beginner to Advanced Trading Course - Investment Banking Perspective - coupon - http://bit.ly/2fYLRBL
Trade the US Gross Domestic Product - May 27 GDP Live Coverage
 
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The United States will publish the second release of the Gross Domestic Product for the first quarter of 2016. The US Q1 GDP release will be a key event that will provide market with clues on how the US economy is performing. Join Valeria Bednarik and from FXStreet, and Yohay Elam from Forex Crunch. Watch the official page: http://www.fxstreet.com/live-video/ Valeria Bednarik has been active in the financial markets since 2003, specializing in the International Foreign Exchange Market. Valeria is the Chief Analyst at FXStreet. More: http://www.fxstreet.com/author/valeria-bednarik Forex Crunch is currently written by Yohay Elam. He has been into forex trading for over 4 years. Elam shares the experience that he has and the knowledge that he has accumulated. The blog aims to approach everyone – from savvy economists to newbie traders. More: http://www.fxstreet.com/author/yohay-elam
Views: 161 FXStreet
Gross Domestic Product (GDP)
 
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VOICE NARRATOR: If the GDP falls two quarters in a row, bust-bust, it is called a recession. Let's draw a graph. We will show U.S. GDP up the trillions, and from 1930 through the years. The curve of potential GDP reflects the smooth growth of physical capital and labor, projected out to the year 2020. But the real GDP is a lot more ragged. Where it goes downward are the recessions. The biggest dips below potential are the Great Depression, the Volker-Reagan Recession, and the current one, which is already called the Great Recession. Let's look at these two, and compare the human impacts. Now what did we do? We took twelve and a half years for each, and we equalized the potentials for size and growth, more or less. We see that the 1930's Depression was devastating. But around fourteen trillion dollars is a bigger economy, so the output gap below potential was nearly a trillion dollars, and it has barely closed. This is lost work, and it is causing misery and despair for millions of unemployed. Right now GDP must grow at around two percent a year just to keep the gap from getting larger. We need a higher growth rate, over three-and-a-half percent, to get us back to full employment by the year 2017. Well, what can we do about this? We know that recessions can be cured by two kinds of policy, monetary policy and fiscal policy.
Views: 1049 Ecolanguage
David Gross: Bring Us Your Product Ideas -
 
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Condé's David Gross talks about his product development strategy. He wants to get the word out that we welcome your product ideas. Opportunities exist to provide items that Condé would be willing to help you develop. Check out http;//www.conde.com for more tips and business supplies for dye sublimation and heat transfer imprinting.
Views: 1277 Condé Systems
Trade the US Gross Domestic Product - GDP Live Coverage
 
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The United States will publish the first release of the Gross Domestic Product for the first quarter of 2016. The US Q1 GDP release will be a key event that will provide market with clues on how the US economy is performing. Join Valeria Bednarik from FXStreet.
Views: 286 FXStreet
Trade the US Gross Domestic Product - July 29 GDP Live Coverage
 
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The United States will publish the preliminary release of the Gross Domestic Product for the second quarter of 2016. The US Q2 GDP release will be a key event that will provide market with clues on how the US economy is performing. Market will watch it closely after the UK decision for Brexit. Join Valeria Bednarik and Mauricio Carrillo from FXStreet, and Yohay Elam from Forex Crunch. Watch more FREE analysis and Live Coverages: http://www.fxstreet.com/live-video
Views: 191 FXStreet
Trade the US Gross Domestic Product - August 26 GDP Live Coverage
 
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The United States will publish the second release of the Gross Domestic Product for the second quarter of 2016. The US Q2 GDP release will be a key event that will provide market with clues on how the US economy is performing. Market will watch it closely after the UK decision for Brexit. Join Valeria Bednarik and Mauricio Carrillo from FXStreet, and Yohay Elam from Forex Crunch. More info: http://www.fxstreet.com/live-video
Views: 282 FXStreet
U.S. Metro Economies Report: Gross Metropolitan Product, January 2007 (PowerPoint presentation)
 
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PowerPoint slideshow that accompanied the presentation of the January 2007 U.S. Metro Economies Report: Gross Metropolitan Product with Housing Update at the 75th Winter Meeting of The United States Conference of Mayors (USCM) in Washington, D.C., 25 January 2007. The report was presented by Kwame Kilpatrick, then mayor of Detroit and chair of USCM’s Council for the New American City. For the complete report and the entire Metro Economies series, visit http://usmayors.org/metroeconomies For the charts I prepared that accompanied the report and this presentation, visit http://www.scribd.com/doc/230233046 The United States Conference of Mayors 75th Winter Meeting Washington, D.C. 25 January 2007
Views: 33 Dustin Joyce
Trade the US Gross Domestic Product - Jan 27 GDP Live Coverage
 
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Trade the US GDP with FXStreet with Valeria Bednarik, Mauricio Carrillo, and Yohay Elam. Join us Friday, January 27 13:00 GMT/08:00 am EDT.   The United States will publish the first release of the Gross Domestic Product for the fourth quarter of 2016. The US Q4 GDP report will be a key event that will provide the market with clues on how the US economy is performing right at the first days of Donald Trump as the US President. The market will watch it closely. FXStreet and Forex Crunch join forces to provide Forex independent traders with top quality content and opinions during the US GDP release. Join Valeria, Mauricio, and Yohay Elam and ask them any question you may have.
Views: 311 FXStreet
Trading the US Gross Domestic Product - Sept 29 GDP Live Coverage
 
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The United States will publish the final release of the Gross Domestic Product for the second quarter of 2016. The US Q2 GDP release will be a key event that will provide market with clues on how the US economy is performing. Join Valeria Bednarik and Mauricio Carrillo from FXStreet, and Yohay Elam from Forex Crunch. More information: Gross Domestic Product Annualized: http://beta.fxstreet.com/economic-calendar/event/5f64264e-5097-4359-b60f-fb9b01229068 The United States economy: http://www.fxstreet.com/economic-calendar/country/ Valeria Bednarik, Chief Analyst at FXStreet: http://beta.fxstreet.com/author/valeria-bednarik Yohay Elam, Founder of Forex Crunch: http://beta.fxstreet.com/author/yohay-elam Mauricio Carrillo, Live Video Manager at FXStreet: http://www.fxstreet.com/author/mauricio-carrillo
Views: 139 FXStreet
Trade the US Gross Domestic Product - Dec 22 GDP Live Coverage
 
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Trade the US GDP with FXStreet with Valeria Bednarik, Mauricio Carrillo and Yohay Elam. Join us Thursday, December 22 at 13 GMT/08:00 am EDT. The United States will publish the final release of the Gross Domestic Product for the third quarter of 2016. The US Q3 GDP report will be a key event that will provide market with clues on how the US economy is performing. Market will watch it closely. FXStreet and Forex Crunch join forces to provide Forex independent traders with top quality content and opinions during the US GDP release. Join Valeria Bednarik and Mauricio Carrillo from FXStreet, and Yohay Elam from Forex Crunch and ask them any question you may have. Subscribe to the event to receive a reminder and get the recording too!
Views: 247 FXStreet
Trading the US Gross Domestic Product - Oct 28 GDP Live Coverage
 
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The United States will publish the first release of the Gross Domestic Product for the third quarter of 2016. The US Q3 GDP release will be a key event that will provide market with clues on how the US economy is performing. Join Valeria Bednarik and Mauricio Carrillo from FXStreet, and Yohay Elam from Forex Crunch. More info: Valeria Bednarik, Chief Analyst at FXStreet: http://beta.fxstreet.com/author/valeria-bednarik Yohay Elam, Founder of Forex Crunch: http://beta.fxstreet.com/author/yohay-elam Mauricio Carrillo: http://www.fxstreet.com/author/mauricio-carrillo Multiple chart layout powered by TradingView: https://www.tradingview.com/chart/
Views: 257 FXStreet
Trade the US Gross Domestic Product - Nov 29 GDP Live Coverage
 
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Trade the US GDP with FXStreet with Valeria Bednarik, Mauricio Carrillo and Yohay Elam. Join us Tuesday, November 29 13:15 GMT/08:15 am EDT. The United States will publish the second release of the Gross Domestic Product for the third quarter of 2016. The US Q3 GDP report will be a key event that will provide market with clues on how the US economy is performing. Market will watch it closely. FXStreet, Forex Crunch and TradingView join forces to provide Forex independent traders with top quality content and opinions during the US GDP release. Join Valeria Bednarik and Mauricio Carrillo from FXStreet, and Yohay Elam from Forex Crunch and ask them any question you may have. Subscribe to the event to receive a reminder and get the recording here: https://www.fxstreet.com/live-video
Views: 524 FXStreet
What is GDP ?  Gross Domestic Product | In Hindi |
 
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In this video I have explained about GDP or gross domestic product in Hindi. Video will also explain how GDP is calculated. The list of top 10 countries with highest GDP has also been explained. GDP is the general indicator of the economy of any country. GDP is the total market value of all goods and services produced within the boundary of any country in a certain period. So just click and watch the video.... Don't forget to Subscribe this channel for other such kind of informational videos : https://www.youtube.com/channel/UCyvTq-wZONHYc3ZOTD9NxNA And also watch my other videos : what is the meaning of voltage,current,volt,ampere,resistance,load,phase,neutral,watt,unit? https://youtu.be/xFQgt47_R2Y what is a Leap Year | Year 2100 will not be a leap year | But why ? https://youtu.be/PTs5g03hvkI what is GST ? | Explained in very simple language | In Hindi https://youtu.be/dC4yYFw0ySw PAN CARD NUMBER HIDDEN MEANING | IN HINDI | https://youtu.be/exLDvDvwmQc How the President of India is elected ? president election https://youtu.be/j9zWt0X_lKo why some countries drive on left and some on right ? https://youtu.be/iMV1DrgU8Xw why prices are set one rupee less ? | why prices end in 99 ? | pricing strategies https://youtu.be/QLeWObtVSJM why do we see water droplets outside of a cold glass or bottle ? https://youtu.be/TiQsLxogL6Q how much water is there on the earth ? | water distribution https://youtu.be/LyAScNI11r8 Types of power generation in Hindi https://youtu.be/7GdBHR3gov0 what is encephalitis? | dimagi bukhar or japani bukhar | causes, symptoms and prevention in hindi | https://youtu.be/punQbwhjt6A
Views: 2489 Let Us Understand
Peter Schiff - Gross Domestic Product and the US
 
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Peter Schiff - Gross Domestic Product and the US Please click here to subscribe to my channel for latest news / Economy / money / Economic collapse / crisis / Gold / Silver / New World Order / World War 3 / Agenda 21 /
Macroeconomics: Crash Course Economics #5
 
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This week, Adriene and Jacob teach you about macroeconomics. This is the stuff of big picture economics, and the major movers in the economy. Like taxes and monetary policy and inflation and policy. We need this stuff, because if you don't have a big picture of the economy, crashes and panics are more likely. Of course, economics is extremely complex and unpredictable. Today we'll talk about GDP as a measure of a country's economic health, the basics of economic analysis, and even a little about full employment, unemployment Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Jan Schmid, Simun Niclasen, Robert Kunz, Daniel Baulig, Jason A Saslow, Eric Kitchen, Christian, Beatrice Jin, Anna-Ester Volozh, Eric Knight, Elliot Beter, Jeffrey Thompson, Ian Dundore, Stephen Lawless, Today I Found Out, James Craver, Jessica Wode, Sandra Aft, Jacob Ash, SR Foxley, Christy Huddleston, Steve Marshall, Chris Peters -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 1252497 CrashCourse
Trade the US Gross Domestic Product - June 28 GDP Live Coverage
 
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The United States will publish the final release of the Gross Domestic Product for the first quarter of 2016. The US Q1 GDP release will be a key event that will provide market with clues on how the US economy is performing. Market will watch it closely after the UK decision for Brexit. Join Valeria Bednarik and Mauricio Carrillo from FXStreet, and Yohay Elam from Forex Crunch. More information: Gross Domestic Product Annualized: http://beta.fxstreet.com/economic-calendar/event/5f64264e-5097-4359-b60f-fb9b01229068 The United States economy: http://www.fxstreet.com/economic-calendar/country/ Valeria Bednarik, Chief Analyst at FXStreet: http://beta.fxstreet.com/author/valeria-bednarik Yohay Elam, Founder of Forex Crunch: http://beta.fxstreet.com/author/yohay-elam Mauricio Carrillo, Live Video Manager at FXStreet: http://www.fxstreet.com/author/mauricio-carrillo Watch more FREE videos and Analysis here: http://www.fxstreet.com/live-video
Views: 202 FXStreet
What Is GDP?
 
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What is GDP and why should you even care? Find out in 2 minutes! Host: Wala'a El Barasse
Views: 517023 IMF
Productivity and Growth: Crash Course Economics #6
 
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Why are some countries rich? Why are some countries poor? In the end it comes down to Productivity. This week on Crash Course Econ, Adriene and Jacob investigate just why some economies are more productive than others, and what happens when an economy is mor productive. We'll look at how things like per capita GDP translate to the lifestyle of normal people. And, there's a mystery. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Jan Schmid, Simun Niclasen, Robert Kunz, Daniel Baulig, Jason A Saslow, Eric Kitchen, Christian, Beatrice Jin, Anna-Ester Volozh, Eric Knight, Elliot Beter, Jeffrey Thompson, Ian Dundore, Stephen Lawless, Today I Found Out, James Craver, Jessica Wode, Sandra Aft, Jacob Ash, SR Foxley, Christy Huddleston, Steve Marshall, Chris Peters Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 892876 CrashCourse
03 UNDERSTANDING ECONOMICS: GROSS DOMESTIC PRODUCT
 
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Check out the entire free forex course (in process): http://www.FreeForexAcademy.com The Free Forex Academy is a partner of InformedTrades.com, a community of traders dedicated to learning. At the Free Forex Academy, we are in the beginning stages of creating an entire comprehensive series of courses on forex trading. This is the 3rd vid in the fundamentals section- a section that applies, not just to forex, but to all markets, or those simply interested in economics. Practice forex trading with a free virtual trading account. Simulates forex trading with real time charts and live price feeds. http://clk.atdmt.com/FXM/go/166058821/direct/01/ VIDEO Text: The Gross Domestic Product. The Gross Domestic Product, or GDP, is the total market value of all goods and services produced in a country within a year, including production of any foreign-owned companies operating inside that country. So, what they do is they take all the goods, all the services, and everything the country produces in a year, add up the value of all that and come up with one big number and that is the GDP. Here in the United States, the GDP is recorded by the United States Department of Commerce, and its reported every three months. Looking at a pie chart, you can see the GDP broken down. It consists of about one-third of housing, about 20% of transportation, 13% is food, about 11% is insurance premiums and pensions, about 9% is pensions and social security, 6%s health care, and the rest is entertainment, apparel and services, cash contributions, education, alcohol and smoking supplies, personal care products, reading, and other miscellaneous items. Here in the United States we have the largest GDP in the world by far. In fact, we are about three times as big as Japan and four to five times as big as Germany, the third largest. When there is an increase in the GDP, it means that people are spending more. This means companies must produce more, causing an increase in the workforce and a decrease in unemployment. When the GDP decreases, people are spending less. This means companies must produce less, causing a decrease in the workforce and an increase in unemployment. In fact, the definition of a recession is two back-to-back quarters of declining or contracting Gross Domestic Product. GDP figures can be used to determine the health of the economy. When adjusted for inflation, the annual growth of the GDP can be used to indicate whether the economy is growing too slow, too fast, or at the correct level. The GDP rate of growth is one of the factors used to determine what type of economic policies are needed, including changes in interest rates and government spending. If the GDP is growing too slow or contracting, economists worrying about unemployment will recommend policies that will help increase growth, such as cutting interest rates or increasing spending. If the GDP is growing too fast, economists worrying about inflation will recommend policies that will reduce growth, such as raising interest rates or reducing spending. In addition, the GDP growth rate is often used to make comparisons between countries that have similar economies. For the most part, the GDP includes three components to total spending: consumer spending, investment spending, and government spending. Consumer spending, also called consumption, is the largest of the three components, accounting for roughly two-thirds of the Gross Domestic Product. The most important gauge for consumer spending is income levels. If the GDP is rising, companies will produce more, meaning they will hire more, increasing total income, which will lead to more spending. If the GDP is declining, companies will produce less, causing them to reduce the number of employees they have, reducing total income, which will lead to less spending. After consumer spending, probably the next important part of GDP is investment spending. In this case, investment spending doesnt refer to things like stocks and stuff like that. It refers to companies spending money to grow and expand by adding things like new equipment, new factories, new buildings. When a company expands by adding new buildings or equipment, it adds to the production capability. One interesting thing to point out is that, if you look at the graph, that residential investments, by people inside the U.S., is not as large as non-residential investments. In fact, if you look at the graph its about a 2-to-1 ratio. The third component of the GDP is government spending. Approximately 20% of the U.S. Gross Domestic Product is government spending. Thats a huge number. Since such a large percentage of GDP is government spending, government can increase or decrease the GDP by changing the amount of money it spends.... Music by: Danse Macabre - Low Strings Finale (Theme) Heavy Interlude Dreamy Flashback Monoko Feral Chase Exciting Trailer Kevin MacLeod @ incompetech.com
Views: 2858 FreeForexAcademy
Week 1 Macroeconomics and Gross Domestic Product (GDP) FULL
 
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Principles of macroeconomics; The General Theory of Employment, Interest and Money; John Maynard Keynes; Economic and macroeconomic study of individual decision making; scarce resources; market economy; market mechanism; market equilibrium; magic of markets; long run growth; fundamental theorem of welfare economics; optimal allocation of resources; no free lunch; Pareto optimality; John Maynard Keynes; The General Theory of Employment, Interest and Money; indicators and performance; gross domestic product (GDP) for United States (USA); recessions are an interruption of the increase of GDP; rate of inflation; unemployment; Political economy or economics is a study of mankind in the ordinary business of life; Alfred Marshall; hypothesising; hypothesizing; long run economic growth; macroeconomic themes; United States (USA) Federal Reserve (the Fed); monetary policy; interest rate targeting; GDP and inflation; cutting interest rates to encourage spending by firms and individuals; low interest rates; quantitative easing (QE); liquidity is pumped into the economy by the Federal Reserve buying assets in the private sector; encouraging aggregate spending in the economy; fiscal policy; government spending and tax; budget deficit or budget surplus; fiscal policy multiplier; government debt; raising living standards; sustainable public debt; sustainable private debt; per capita GDP; managing the business cycle; Ben Bernanke; Global Financial Crisis; monetary policy; central banks; inflation; household saving; Principles of macroeconomics; gross domestic product (GDP); United States (USA) imports and exports; flow of economic activity; stock; measure of economic activity; production; expenditure; income; Economic activity; production; intermediate good; final good; factors of production; labour; labor; capital; physical tangible assets that firms use; value added resources; consumption by households, government and foreigners; households consume durable goods; investment expenditure for future consumption; budget surplus; budget deficit;
Views: 16950 Melb Univ
Nominal vs. Real GDP
 
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"Are you better off today than you were 4 years ago? What about 40 years ago?" These sorts of questions invite a different kind of query: what exactly do we mean, when we say “better off?” And more importantly, how do we know if we’re better off or not? To those questions, there’s one figure that can shed at least a partial light: real GDP. In the previous video, you learned about how to compute GDP. But what you learned to compute was a very particular kind: the nominal GDP, which isn’t adjusted for inflation, and doesn’t account for increases in the population. A lack of these controls produces a kind of mirage. For example, compare the US nominal GDP in 1950. It was roughly $320 billion. Pretty good, right? Now compare that with 2015’s nominal GDP: over $17 trillion. That’s 55 times bigger than in 1950! But wait. Prices have also increased since 1950. A loaf of bread, which used to cost a dime, now costs a couple dollars. Think back to how GDP is computed. Do you see how price increases impact GDP? When prices go up, nominal GDP might go up, even if there hasn’t been any real growth in the production of goods and services. Not to mention, the US population has also increased since 1950. As we said before: without proper controls in place, even if you know how to compute for nominal GDP, all you get is a mirage. So, how do you calculate real GDP? That’s what you’ll learn today. In this video, we’ll walk you through the factors that go into the computation of real GDP. We’ll show you how to distinguish between nominal GDP, which can balloon via rising prices, and real GDP—a figure built on the production of either more goods and services, or more valuable kinds of them. This way, you’ll learn to distinguish between inflation-driven GDP, and improvement-driven GDP. Oh, and we’ll also show you a handy little tool named FRED — the Federal Reserve Economic Data website. FRED will help you study how real GDP has changed over the years. It’ll show you what it looks like during healthy times, and during recessions. FRED will help you answer the question, “If prices hadn’t changed, how much would GDP truly have increased?” FRED will also show you how to account for population, by helping you compute a key figure: real GDP per capita. Once you learn all this, not only will you see past the the nominal GDP-mirage, but you’ll also get an idea of how to answer our central question: "Are we better off than we were all those years ago?" Macroeconomics Course: http://bit.ly/1R1PL5x Ask a question about the video: http://bit.ly/24pzD7X Next video: http://bit.ly/1TGgR8r Help us caption & translate this video! http://amara.org/v/H0PX/
How GDP is calcualted in India | National Income | Gross Domestic Product Calculation
 
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Support us : https://www.instamojo.com/@exambin/ Download our app : http://examb.in/app GDP or National income measures the monetary value of the flow of output of goods and services produced in an economy over a period of time. While uncoding the definition we can easily figure out what is GDP. Measuring the level and rate of growth of national income (Y) is important for keeping track of: • The rate of economic growth • Changes to living standards • Changes to the distribution of income between groups within the population Gross Domestic Product • Gross domestic product (GDP) is the total value of output produced in a given time period • GDP includes the output of foreign owned businesses that are located in a nation following foreign direct investment. For example, the output produced at the Nissan car plant in Chennai contributes to the India’s GDP how gdp is calculated in india,how gdp is calculated There are three ways of calculating GDP - all of which in theory should sum to the same amount: National Output = National Expenditure (Aggregate Demand) = National Income (i) The Expenditure Method - Aggregate Demand (AD) The full equation for GDP using this approach is GDP = C + I + G + (X-M) where • C= Consumer spending • I = Investment (Gross fixed Capital Formation) • G= Government Spending • X= Exports • M= Imports ii. The Income Method – adding together factor incomes GDP is the sum of the incomes earned through the production of goods and services. This is: how gdp is calculated in india with example,gdp of india Income from people in jobs and in self-employment (e.g. wages and salaries) • + • Profits of private sector businesses • + • Rent income from the ownership of land • = • Gross Domestic product (by sum of factor incomes) Every year, billions of pounds worth of activity is not declared to the tax authorities. This is known as the shadow economy. And the money involved is commonly known as Black Money. Published figures for GDP by factor incomes will be inaccurate because much activity is not officially recorded. iii. GDP by Output (Value Added) Gross Value Added and Contributions to a nation’s GDP • There are three main wealth-generating sectors in an economy – manufacturing and construction, primary (including oil& gas, farming, forestry & fishing) and a wide range of service-sector industries. • This measure of GDP adds together the value of output produced by each of the productive sectors in the economy using the concept of value added. . gdp full form, gnp and gdp Value added is the increase in the value of goods or services as a result of the production process Value added = value of production - value of intermediate goods Say you buy an Onion Dosa from a restaurant for Rs.60/-. This is the retail price and will count as consumption. The Dosa has many ingredients at stages of the supply chain – Rice Growing farmers, Batter Makers, Onion Producers, Various Masala Ingredient Makers and also the value created by the restaurant as they put the Dosa together and deliver to the consumer. Manufacturing & Industrial Manufacturing is one of the production industries, which also include mining, electricity, water & waste management and oil & gas extraction. In 2016, the Indian manufacturing and Industrial sector accounted for 29% of total Indian GDP. national income,how gdp affects the economy,how gdp growth rate is calculated Manufacturing in the World Economy • The creative force behind 10bn unique products • It accounts for 15-20 per cent of world economy • It employs roughly about 5 pc of world population) The main service sector industries in India are: gdp how to calculate,how gdp is calculated in india, • The majority of Indian GDP comes from service industries such as banking and finance, software, tourism, retailing, education and health. In 2016, the service sector accounted for 54% of economic output, the Industry and manufacturing sector for 29% and the Agriculture sector for 17%. Agricultural and Allied Sector : gdp explained in telugu,gdp explained in tamil,gdp in simple language,gdp in simple words,gross domestic product,gross domestic product explained,Gross Domestic Product Calculation Agriculture sector includes Agriculture (Agriculture proper & Livestock), Forestry & Logging, Fishing and related activities AND its accounted for 17% of INDIA GDP 2016   Per Capita Gross National Income How much does each person earn on average? We use per capita measures to give us a guide to this. Income per capita is a way of measuring the standard of living for the inhabitants of a country. Gross National Income per capita = Gross National Income / Total Population
Views: 6990 Exambin
Is The Gross National Product Of The United State's Greed?
 
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Thom takes your calls on greed, money, and Donald Trump. What is the Gross National Product of the United States? One caller says it's greed! SUPPORT THE PROGRAM ► Join us on Patreon: http://www.patreon.com/thomhartmann where you can also watch a re-run of the three hour program at any time AUDIO PODCASTS ► Subscribe today: http://www.thomhartmann.com/podcast FOLLOW THOM ► AMAZON : http://amzn.to/2hS4UwY ► BLOG : http://www.thomhartmann.com/thom/blog ► FACEBOOK : http://www.facebook.com/ThomHartmannProgram/ ► INSTAGRAM : http://www.instagram.com/Thom_Hartmann ► PATREON : http://www.patreon.com/thomhartmann ► TWITTER : http://www.twitter.com/thom_hartmann ► WEBSITE : http://www.thomhartmann.com ► YOUTUBE : http://www.youtube.com/subscription_center?add_user=thomhartmann ABOUT THE PROGRAM The Thom Hartmann Program is the leading progressive political talk radio show for political news and comment about Government politics, be it Liberal or Conservative, plus special guests and callers ✔ Amazon links are affiliate links
Views: 1398 Thom Hartmann Program
03 UNDERSTANDING GROSS DOMESTIC PRODUCT
 
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Check out the entire free forex course (in process): http://www.informedtrades.com/f7/ The Free Forex Academy is a partner of InformedTrades.com, a community of traders dedicated to learning. At the Free Forex Academy, we are in the beginning stages of creating an entire comprehensive series of courses on forex trading. This is the 3rd vid in the fundamentals section- a section that applies, not just to forex, but to all markets, or those simply interested in economics. Practice forex trading with a free virtual trading account. Simulates forex trading with real time charts and live price feeds. http://bit.ly/IT-forex-demo3 VIDEO Text: The Gross Domestic Product. The Gross Domestic Product, or GDP, is the total market value of all goods and services produced in a country within a year, including production of any foreign-owned companies operating inside that country. So, what they do is they take all the goods, all the services, and everything the country produces in a year, add up the value of all that and come up with one big number and that is the GDP. Here in the United States, the GDP is recorded by the United States Department of Commerce, and its reported every three months. Looking at a pie chart, you can see the GDP broken down. It consists of about one-third of housing, about 20% of transportation, 13% is food, about 11% is insurance premiums and pensions, about 9% is pensions and social security, 6%s health care, and the rest is entertainment, apparel and services, cash contributions, education, alcohol and smoking supplies, personal care products, reading, and other miscellaneous items. Here in the United States we have the largest GDP in the world by far. In fact, we are about three times as big as Japan and four to five times as big as Germany, the third largest. When there is an increase in the GDP, it means that people are spending more. This means companies must produce more, causing an increase in the workforce and a decrease in unemployment. When the GDP decreases, people are spending less. This means companies must produce less, causing a decrease in the workforce and an increase in unemployment. In fact, the definition of a recession is two back-to-back quarters of declining or contracting Gross Domestic Product. GDP figures can be used to determine the health of the economy. When adjusted for inflation, the annual growth of the GDP can be used to indicate whether the economy is growing too slow, too fast, or at the correct level. The GDP rate of growth is one of the factors used to determine what type of economic policies are needed, including changes in interest rates and government spending. If the GDP is growing too slow or contracting, economists worrying about unemployment will recommend policies that will help increase growth, such as cutting interest rates or increasing spending. If the GDP is growing too fast, economists worrying about inflation will recommend policies that will reduce growth, such as raising interest rates or reducing spending. In addition, the GDP growth rate is often used to make comparisons between countries that have similar economies. For the most part, the GDP includes three components to total spending: consumer spending, investment spending, and government spending. Consumer spending, also called consumption, is the largest of the three components, accounting for roughly two-thirds of the Gross Domestic Product. The most important gauge for consumer spending is income levels. If the GDP is rising, companies will produce more, meaning they will hire more, increasing total income, which will lead to more spending. If the GDP is declining, companies will produce less, causing them to reduce the number of employees they have, reducing total income, which will lead to less spending. After consumer spending, probably the next important part of GDP is investment spending. In this case, investment spending doesnt refer to things like stocks and stuff like that. It refers to companies spending money to grow and expand by adding things like new equipment, new factories, new buildings. When a company expands by adding new buildings or equipment, it adds to the production capability. One interesting thing to point out is that, if you look at the graph, that residential investments, by people inside the U.S., is not as large as non-residential investments. In fact, if you look at the graph its about a 2-to-1 ratio. The third component of the GDP is government spending. Approximately 20% of the U.S. Gross Domestic Product is government spending. Thats a huge number. Since such a large percentage of GDP is government spending, government can increase or decrease the GDP by changing the amount of money it spends.... Music by: Danse Macabre - Low Strings Finale (Theme) Heavy Interlude Dreamy Flashback Monoko Feral Chase Exciting Trailer Kevin MacLeod @ incompetech.com
Views: 35955 InformedTrades
News Robot 28.02.2017 Gross Domestic Product (GDP)
 
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28.02.2017 U.S. Gross Domestic Product (GDP) https://www.mql5.com/ru/market/product/10427
Views: 1093 AVT Trading
The Gross Domestic Product (GDP) and Government Revenue Explained in One Minute
 
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A one-minute video which explains what the Gross Domestic Product (GDP) is, what government revenue is and why people frequently confuse the two terms. Please like, comment and subscribe if you've enjoyed the video. To support the channel, give me a minute (see what I did there?) of your time by visiting OneMinuteEconomics.com and reading my message. Bitcoin donations can be sent to 1AFYgM8Cmiiu5HjcXaP5aS1fEBJ5n3VDck and PayPal donations to [email protected], any and all support is greatly appreciated! Oh and I've also started playing around with Patreon, my link is: https://www.patreon.com/oneminuteeconomics Interested in reading a good book? My first book, Wealth Management 2.0 (through which I do my best to help people manage their wealth properly, whether we're talking about someone who has a huge amount of money at his disposal or someone who is still living paycheck to paycheck), can be bought using the links below: Amazon - https://www.amazon.com/Wealth-Management-2-0-Financial-Professionals-ebook/dp/B01I1WA2BK Barnes & Noble - http://www.barnesandnoble.com/w/wealth-management-20-andrei-polgar/1124435282?ean=2940153328942 iBooks (Apple) - https://itun.es/us/wYSveb.l Kobo - https://store.kobobooks.com/en-us/ebook/wealth-management-2-0 My second book, the Wall Street Journal and USA Today bestseller The Age of Anomaly (through which I help people prepare for financial calamities and become more financially resilient in general), can be bought using the links below. Amazon - https://www.amazon.com/Age-Anomaly-Spotting-Financial-Uncertainty-ebook/dp/B078SYL5YS Barnes & Noble - https://www.barnesandnoble.com/w/the-age-of-anomaly-andrei-polgar/1127084693?ean=2940155383970 iBooks (Apple) - https://itunes.apple.com/us/book/age-anomaly-spotting-financial-storms-in-sea-uncertainty/id1331704265 Kobo - https://www.kobo.com/ww/en/ebook/the-age-of-anomaly-spotting-financial-storms-in-a-sea-of-uncertainty Last but not least, if you'd like to follow me on social media, use one of the links below: https://www.facebook.com/oneminuteeconomics https://twitter.com/andreipolgar https://ro.linkedin.com/in/andrei-polgar-9a11a561
Views: 41229 One Minute Economics
What is GDP ? - Basic Concept (Urdu)
 
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GDP is a very handy method of identifying a country's growth and economic condition. This term is widely used on TV, Social media, radio, NEWS papers and especially used by our politicians. However, a huge number of people still do not understand GDP. In this video I have tried to explain this concept in a basic and simplified manner. Link for Appendix video: https://youtu.be/gboZFvM2HYI I have taken references from the following sources: -https://en.wikipedia.org/wiki/Gross_domestic_product -https://en.wikipedia.org/wiki/Simon_Kuznets -https://www.thesolutionsjournal.com/article/a-short-history-of-gdp-moving-towards-better-measures-of-human-well-being/ -https://www.youtube.com/watch?v=rGqhTQyY6g4 Background Music: Cool Ride by Audionautix is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/by/4.0/) Artist: http://audionautix.com/
Views: 87704 Random Guy
Federal Debt as a percentage of Gross Domestic Product
 
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Federa Debt as a percentage of Gross Domestic Product
Views: 425 kinsmarley1
GDP Coverage! Gross Domestic Product release and Analysis; What happen in the US?
 
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Trade the US GDP with FXStreet with Valeria Bednarik, Mauricio Carrillo, and Yohay Elam. Join us Thursday, March 30 13:15 GMT / 08:15 am ET. The United States will publish the last release of the Gross Domestic Product for the fourth quarter of 2016. The US Q4 GDP report will be a key event that will provide the market with clues on how the US economy is performing right after the first days of Donald Trump as the US President. The market will watch it closely. FXStreet and Forex Crunch join forces to provide Forex independent traders with top quality content and opinions during the US GDP release. Join Valeria, Mauricio, and Yohay Elam and ask them any question you may have. Subscribe to the event to receive a reminder and get the recording too!
Views: 199 FXStreet
Robert F. Kennedy challenges Gross Domestic Product
 
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Forty years ago, Robert F. Kennedy challenged the basic way we measure progress and well-being in America. Today, the Glaser Progress Foundation is raising the same questions through a new medium. The Seattle-based foundation released a new web video marking the anniversary of a famous speech in which Kennedy said the Gross Domestic Product counts "everything, in short, except that which makes life worthwhile."
Views: 227304 ipyramid
WHAT IS GDP? (GROSS DOMESTIC PRODUCT) [Macroeconomics / Economic Data Releases]
 
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We explain what GDP (Gross Domestic Product) is, why it's important and how we calculate it. This is a basic topic in macroeconomics and it's also very important for traders and investors. GDP is one of the biggest data releases from any economy, so it's important to understand how it all works. We will also cover the circular flow of money and the difference between Nominal GDP and Real GDP. Our full online economics course is coming soon. ================ JOIN US TO LEARN TO TRADE FOR FREE: http://bit.ly/DuomoInnerCircle ================ SUBSCRIBE FOR MORE TRADING VIDEOS: http://bit.ly/DuomoYouTube ================ THE DUOMO TRADING PODCAST: http://bit.ly/DuomoPodcast (Available on iTunes, Stitcher, Soundcloud and more) ================ GET OUR FULL ONLINE COURSE: http://bit.ly/DuomoCourse ================ SOCIAL LINKS: Website: http://www.duomoinitiative.com Facebook: http://www.facebook.com/duomoinitiative Twitter: http://twitter.com/duomoinitiative Nicholas Puri Twitter: http://twitter.com/nikipuri Instagram: http://instagram.com/duomoinitiative Email: [email protected]
New report ranks counties by production: Nyandarua tops on Gross County Product per capita
 
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SUBSCRIBE to our YouTube channel for more great videos: https://www.youtube.com/ Follow us on Twitter: https://twitter.com/KTNNews Like us on Facebook: https://www.facebook.com/KTNNewsKenya For more great content go to http://www.standardmedia.co.ke/ktnnews and download our apps: http://std.co.ke/apps/#android KTN News is a leading 24-hour TV channel in Eastern Africa with its headquarters located along Mombasa Road, at Standard Group Centre. This is the most authoritative news channel in Kenya and beyond.
Views: 398 KTN News Kenya
What is GDP Telugu | Gross Domestic Product (GPD) | GDP explanation
 
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#WhatisGdp #GrossDomesticProduct Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced in a period of time, often annually. GDP (nominal) per capita does not, however, reflect differences in the cost of living and the inflation rates of the countries; therefore using a basis of GDP per capita at purchasing power parity (PPP) is arguably more useful when comparing differences in living standards between nations. Total GDP can also be broken down into the contribution of each industry or sector of the economy. The ratio of GDP to the total population of the region is the per capita GDP and the same is called Mean Standard of Living. GDP is considered the "world's most powerful statistical indicator of national development and progress". how to Calculate GDP.... INDIA GDP VALUE... Latest GDP results.... Gross Domestic Product..... ఈ వీడియో మీకు నచ్చినట్లేతే like చెయ్యండి అలాగే మా ఛానల్ subscribe చెయ్యడం మర్చిపోకండి...plz share my video
Views: 195 Daddu Official
Gross Domestic Product | Sustainable Development with Equity | Social Science | Class 10
 
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This video is a part of Pebbles AP Board & TS Board Syllabus Live Teaching Videos Pack. Class 6th to Class 10th and Intermediate Subjects Packs are available in all leading Book Stores in AP and TS. For online purchase of our products. visit www.pebbles.in To watch the rest of the videos buy this DVD at http://www.pebbles.in Engage with us on Facebook : https://www.facebook.com/PebblesChennai Twitter: https://twitter.com/PebblesChennai Google+: https://plus.google.com/b/116349844333442514419/116349844333442514419/posts?pageId=116349844333442514419 Playlist: https://www.youtube.com/playlist?list=PLrn2lobWkqKnafYVeE4OavSAmYIq7nO9R https://www.youtube.com/playlist?list=PLrn2lobWkqKnpwF3JBaGFS7rpLkgS0n61 Share & Comment If you like
Views: 5799 PRATHIBHA
Why Are American Health Care Costs So High?
 
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In which John discusses the complicated reasons why the United States spends so much more on health care than any other country in the world, and along the way reveals some surprising information, including that Americans spend more of their tax dollars on public health care than people in Canada, the UK, or Australia. Who's at fault? Insurance companies? Drug companies? Malpractice lawyers? Hospitals? Or is it more complicated than a simple blame game? (Hint: It's that one.) For a much more thorough examination of health care expenses in America, I recommend this series at The Incidental Economist: http://theincidentaleconomist.com/wordpress/what-makes-the-us-health-care-system-so-expensive-introduction/ The Commonwealth Fund's Study of Health Care Prices in the US: http://www.commonwealthfund.org/~/media/Files/Publications/Issue%20Brief/2012/May/1595_Squires_explaining_high_hlt_care_spending_intl_brief.pdf Some of the stats in this video also come from this New York Times story: http://www.nytimes.com/2013/06/02/health/colonoscopies-explain-why-us-leads-the-world-in-health-expenditures.html?pagewanted=all This is the first part in what will be a periodic series on health care costs and reforms leading up to the introduction of the Affordable Care Act, aka Obamacare, in 2014.
Views: 7273323 vlogbrothers
Join us for Gross National Product's Scandal Tours of Washington DC
 
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Hop aboard Scandal Tours™ for a witty & irreverent guided tour of the sites that have made Washington the scandal capital of the world. Since 1988, Scandal Tours™ has been hosted by the critically acclaimed comedy troupe, Gross National Product™ (GNP). We lampoon the highlights of the lowlifes as you roll by Washington's "comic monuments" in the comfort of an air-conditioned bus. Scandal Tours™ is world famously funny and has been featured on TV, radio, and in newspapers and magazines around the globe. Whether vacationing or on business, you'll enjoy a ride on Scandal Tours™... the best "entourtainment" in town!
Views: 284 gnpcomedy
Gross Domestic Product – Economic Lowdown, Ep. 7
 
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GDP data are among the most important economic data available for measuring economic growth, but measuring the output of a large, dynamic economy is a complex task. In the seventh episode of the Economic Lowdown Video Series, economic education specialist Scott Wolla explains what GDP measures, how it is calculated, how it is useful in determining whether and how quickly the economy is growing, and how GDP can be used as indicator of standard of living. Instructors, learn more at https://www.stlouisfed.org/education/economic-lowdown-video-series/episode-7-gross-domestic-product